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China's Cnooc Raising Spending First Time Since Oil's Plunge - Bloomberg

Bloomberg

China's Cnooc Raising Spending First Time Since Oil's Plunge
Bloomberg
Cnooc Ltd. plans to raise capital spending for the first time since crude began its crash in 2014 as China's biggest offshore oil and gas producer prepares for life after the slump. The Beijing-based explorer will increase expenditures to 60 billion to ...

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